Seize the "Gold"en chance now! Prices could skyrocket!

The hourly chart is showing the development of a double bottom pattern.

- If the neckline at the 2404 level is breached, we could witness a surge in gold prices. The anticipated upside targets are as follows:

- 1st target - 2418 level
- 2nd target - 2453 level
- 3rd target - 2475 level

Note

First target hit in gold! Now, let's set your sights on the second target. Stay steady, traders!

Note

Hey Traders! Great news—the second target has been reached! Now, we’re gearing up for our third and final target. Let’s see how this unfolds!

Trade closed: target reached

Attention Traders! The third and final target has been successfully achieved!
This analysis has performed exceptionally well!

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Also on:

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The US index has been declining for three weeks. What's ahead?

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